SINGAPORE, -- A Malaysian businessman was charged on Thursday with failing to give a full and accurate report about monies totalling S$12 million (S$1=RM3) that he brought into Singapore between Sept 4, 2013 and April 16, 2014, the Straits Times reported.
The report said Abdul Jalil Sulaiman, 47, was charged with 100 counts of moving into Singapore physical currency of amounts ranging from S$30,300 to S$300,000 each time at the Green Channel, Woodlands checkpoint.
Referring to the Immigration and Checkpoints Authority website, the report said the Green Channel is for those arriving in Singapore with no dutiable, controlled or prohibited goods to declare.
The Straits Times reported that Abdul Jalil, who indicated that he wished to plead guilty, was supposed to report to an authorised officer on the movement of currency exceeding the prescribed amount of S$30,000.
The prosecution will be proceeding on 30 of the charges and bail of S$100,000 was offered, it said.
If convicted under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, he can be fined up to S$50,000 and/or jailed for up to three years on each charge.
Abdul Jalil would return to court on Dec 21, said the report.
Source: NAM NEWS NETWORK